Trader Mindset

When to take a "time-out" in your trading


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Taking a "time-out" isn't quitting. It's taking a moment to re-evaluate things in the short term. 

It gives you a chance to get your feet underneath you, take a breather, and come back to the market with a fresh head and outlook. 

Keep in mind, you may be down slightly but as frustrating as it might be, your results might be "in model." Take some solace in that.

Being "in model" means that your current results might be within the parameters of your backtesting. 

Just like me, the guys in Market Wizards, and anyone else who's survived several decades of trading, you are going to fail your way to YOUR top and high level of success. 

Trade small, do whatever you need to keep your mental health in order, and remember this is a marathon. 

You might be one small tweak from great success, but you have to be in the game for that to happen.

Reach out to me if you are stuck.

Click here to get your free copy of The Inner Voice of Trading audiobook



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Trader MindsetBy Michael Martin

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